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Thursday, January 8, 2026
TopicDebt-to-GDP ratio

Topic: debt-to-GDP ratio

India’s fiscal future depends on credibility, not just growth rate

As the era of easy money ends, the gap between the ability to borrow and the credibility to do so will define fiscal resilience. India still has the chance to strengthen both.

Tariff war because of economic imbalances between US & China—SBI report

The SBI Fund Management report says China invests 42% of GDP & consumes 40%, while US invests 22%, but household consumption stands at 68%, showing stark differences in economic priorities.

World must shrink its appetite for debt. India can start by scaling back welfare schemes

Both central and state governments, which can create a fair amount of high-quality jobs, cannot any more do so on scale because their welfare spending is going through the roof.

On Camera

Budget 2026 must signal rail reform. End cross-subsidies, privatise operations & services

Rail reform must be politically and socially sustainable. Infrastructure ownership should remain sovereign, while privatisation should be limited to new services and assets.

2025 marked key point in India’s power sector: Clean energy surge pushed coal power into rare decline

Coal-based power generation fell 3% in 2025 while renewable capacity surged to 40% of India’s installed power mix, according to India Power Sector Review 2025 by CREA.

Bangladesh-Pakistan look to expand ties to defence procurement as Dhaka shows ‘interest’ in JF-17s

Pakistan military said it has assured Bangladesh of fast-tracked delivery of Super Mushshak trainer aircraft during high level defence meet held Tuesday.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.